Binghamton University President Harvey Stenger talks to the media about the University's designation as an Innovation & Economic Prosperity University by the Association of Public and Land-grant Universities (APLU), in recognition of its strong commitment to economic engagement.
Photo by Jonathan Cohen
Binghamton earns national designation as ‘Innovation & Economic Prosperity University’
June 30, 2015Tweet
Binghamton University is one of only 18 universities nationwide to be named an Innovation & Economic Prosperity University by the Association of Public and Land-grant Universities (APLU), in recognition of its strong commitment to economic engagement.
“Binghamton University continues to be a significant player in the economic development of Binghamton, the Southern Tier and New York state,” said Binghamton University President Harvey Stenger. “We are honored to earn such a designation.”
As the only SUNY school and the only school in New York state to receive the designation, Stenger said Binghamton has been recognized as unique and will continue growing its partnerships. “The impact of these partnerships will be a centerpiece of our Upstate Revitalization Initiative application for $500 million to go to projects identified by our Regional Economic Development Council. This gives our region a huge advantage in pulling together our proposal.”
The designation acknowledges universities working with public and private sector partners in their states and regions to support economic development through a variety of activities, including innovation and entrepreneurship, technology transfer, talent and workforce development, and community development. Each university received the designation after conducting a thorough self-review with outside stakeholder input and subsequently submitting an application that went through a rigorous independent review process.
“This designation is a testament to Binghamton University’s ability to leverage research, resources and brainpower into real economic impact,” said Per Stromhaug, assistant vice president for innovation and economic development. “Binghamton doesn’t exist in a bubble, and we’re thrilled to know that we’re positively impacting the communities that, in turn, breathe life into the University.”
“You know you’re doing it,” Stenger added. “You can feel it, but until you measure and assess it and put it in front of a panel of experts, it doesn’t hit you. We’re in the same category as an Illinois and Penn State in the impact that we can have. For a small university, we’re doing the right thing and to have this added feature of being a community partner is special.”
“Public universities serve as economic engines for their local communities and states by conducting cutting-edge research to reach new breakthroughs and developing the talent to help existing businesses grow stronger and enabling new ones to develop and thrive,” APLU President Peter McPherson said. “The 18 institutions in the 2015 class of Innovation & Economic Prosperity Universities serve as wonderful models of how public research universities extend beyond their campuses to engage their communities in economic development that create jobs and improve lives.”
The 17 other institutions that comprise the third annual class of Innovation & Economic Prosperity Universities are: Auburn University; Clemson University; East Carolina University; Mississippi State University; New Jersey Institute of Technology; New Mexico State University; Ohio University; Southern Illinois University; University of Arizona; University of Kansas; University of Louisville; University of Maryland; University of Nebraska-Lincoln; University of New Mexico; University of South Florida; Utah State University; and Western University.
Each designee conducted an institutional self-study and solicited input from external stakeholders, identified three areas of institutional strength in economic engagement and described programs in these areas. Designees also identified areas for growth and improvement for their university’s economic engagement enterprise, and developed an improvement plan. This work demonstrated a commitment to continuous learning and improvement in this kind of engagement vital to universities and their regional partners.
Applications for the designation were scored by a panel of reviewers representing other universities as well as national partners, including the Association of University Research Parks, the Association of University Technology Managers, the Biotechnology Industry Organization, the Business Higher Education Forum, the Ewing Marion Kauffman Foundation, Innovosource, the Lemelson Foundation, the University Economic Development Association, the National Association of System Heads and VentureWell. Scoring was based on a range of criteria emphasizing universities’ development of their economic engagement enterprise, their planning efforts around economic engagement, strategic communications around these efforts, and participation in encouraging economic engagement among peer institutions.